Property and land prices in Dawei, also known as Tavoy, in southernmost Burma have sky-rocketing to hundreds of millions of kyat due to the development of the nearby Thai-backed deep-sea port project, claim local businessmen. Real estate prices are highest around Ar Zar Ni Road, in downtown Dawei, where most private banks have opened branch […]
Continue ReadingDespite logistics and construction costs increasing between 8-10 per cent this year in relation with 2011, residential prices are only expected to increase within a 3-5 per cent margin as a result of the steep competition and a sluggish demand to purchase residences for the first half of the year. In a survey conducted by […]
Continue ReadingDespite logistics and construction costs increasing between 8-10 per cent this year in relation with 2011, residential prices are only expected to increase within a 3-5 per cent margin as a result of the steep competition and a sluggish demand to purchase residences for the first half of the year. In a survey conducted by […]
Continue ReadingExperts are proposing a new highway linking Ratchaburi and Kamphaeng Phet provinces, western and eastern floodways, a new economic zone and an outer ring road for eastern Bangkok as solutions to flooding problems. The Strategic Committee for Reconstruction and Future Development (SCRF), chaired by Virabongsa Ramangkura, plans to seek a new economic zone for relocation […]
Continue ReadingExperts are proposing a new highway linking Ratchaburi and Kamphaeng Phet provinces, western and eastern floodways, a new economic zone and an outer ring road for eastern Bangkok as solutions to flooding problems. The Strategic Committee for Reconstruction and Future Development (SCRF), chaired by Virabongsa Ramangkura, plans to seek a new economic zone for relocation […]
Continue ReadingBangkok Post reported that the Department of Special Investigation has raided two warehouses and a steel rod plant in Bangkok and Samut Sakhon provinces, accused of producing substandard steel rods for distribution nationwide. Mr Tharit Pengdit head of DSI and Mr Pol Maj Suriya Singhakamol commissioner of the DSI’s Bureau of Consumer Protection and Environment […]
Continue ReadingDespite concerns over a Euro crisis, high end real estate deals in the resort markets of Asia are gaining momentum. Benchmarking the trend for 2011 luxury hotel branded villa sales, resort operator Six Senses sold 8 properties during the year. Properties sold were at Soneva Kiri, Koh Kood, plus Soneva Fushi and Six Senses Laamu […]
Continue ReadingA cogeneration facility in Thailand is set to provide reliable electricity and steam for the petrochemical industry and other sectors in Southeast Asia’s second fastest growing economy. Marubeni and Black & Veatch consortium has completed the Glow Phase 5 combined-cycle cogeneration plant in Rayong, Thailand, for the Glow Energy Public Company, Ltd. The low-emissions natural […]
Continue ReadingThe first parabolic trough concentrating solar thermal plant using direct steam generation – delivers its full 5 MW of output to Thailand’s power network. Despite unusually poor radiation, on January 25, 2012, TSE 1 supplied 5 MW of electrical power to Thailand’s public power network for the first time. Solarlite GmbH, based in Duckwitz, Mecklenburg-Western […]
Continue ReadingMcDermott International has said the huge subsea contract it scooped recently from Japan’s Inpex for the Ichthys liquefied natural gas project in Australia is worth around $2 billion. Confirming an award revealed by Inpex earlier this month, NYSE-listed McDermott said the deal – secured along with Heerema Marine Contractors – is the largest subsea contract […]
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